RENN Fund VP buys 1,000 shares at $2.87
RENN Fund, Inc. (RCG) reported an insider share purchase by officer Kesslen Jay H, who serves as Vice-President.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) reported an insider share purchase by officer Kesslen Jay H, who serves as Vice-President. On 2026-08-21, Kesslen Jay H purchased 1,000 shares of Common Stock in a transaction classified as a purchase in an open market or private transaction at $2.87 per share, held as direct ownership. Following this transaction, the insider directly owns 43,880 shares of RENN Fund, Inc. common stock. The filing indicates the Rule 10b5-1 trading-plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Kesslen Jay H
Role
Vice-President
Bought
1,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $2.87 | $3K |
Holdings After Transaction:
Common Stock — 43,880 shares (Direct)
Key Figures
Shares purchased: 1,000 shares
Purchase price per share: $2.87 per share
Shares owned after transaction: 43,880 shares
+1 more
4 metrics
Shares purchased
1,000 shares
Common Stock transaction on 2026-08-21
Purchase price per share
$2.87 per share
Common Stock purchase on 2026-08-21
Shares owned after transaction
43,880 shares
Directly owned by Kesslen Jay H after the 2026-08-21 trade
Net buy shares reported
1,000 shares
Net-buy direction in transaction summary
Key Terms
Form 4, Common Stock, open market or private transaction
3 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
""transaction_code_description": "Purchase in open market or private transaction""
FAQ
What insider transaction in RCG did Kesslen Jay H report on this Form 4?
Kesslen Jay H, a Vice-President of RENN Fund, Inc. (RCG), reported buying 1,000 shares of Common Stock on 2026-08-21 in a transaction classified as a purchase in an open market or private transaction.
Is the reported RCG trade under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected, indicating the reported purchase of 1,000 RENN Fund, Inc. (RCG) shares was not affirmed as being made under a Rule 10b5-1 trading plan.
Is the RCG ownership reported as direct or indirect in this Form 4?
The ownership of the RENN Fund, Inc. (RCG) shares reported by Kesslen Jay H is classified as direct ownership, with a total of 43,880 shares held following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.